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Brain Monitoring Market

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Brain monitoring devices identify and measure any abnormality in the functioning of the brain cells (neurons) that are linked with neurological disorders
Brain Monitoring Market - Trends, Outlook,
and Opportunity Analysis, 2018-2026, GE
Healthcare
Brain monitoring devices identify and measure any abnormality in the functioning of the brain
cells (neurons) that are linked with neurological disorders such as Alzheimer’s, Parkinson’s,
epilepsy, dementia, multiple sclerosis, sleep disorder, and brain tumor. Monitoring brain
functions such as blood flow, pressure surrounding the brain, electrical and neural activity,
gravity adjoining the brain, cerebral oxygen capacity, tumor, traumatic brain injury, and other
conditions can aid in preventing serious consequences. Increasing stress level and rapid onset of
aging are major factors increasing uptake of preemptive monitoring to detect neurological
conditions. Treating a brain disease incurs major cost, with risk for death due to high
complexity in certain neurological condition. Therefore, early diagnosis and regular health check
is recommended by healthcare service providers and practitioners.
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Brain monitoring market potential
The potential for brain monitoring would increase with penetration of healthcare facilities in
emerging economies. Inadequate funding in emerging economies such as India, China, Brazil,
Indonesia, and also certain developed countries such as Israel has resulted in low access to
healthcare facilities in rural regions of these nations. A larger share of the population thus
remains unserved for their health care needs. Besides, there exists a large target population
worldwide, with increasing incidence of brain injuries, strokes, and other brain disorders. These
factors collectively create a highly conducive environment for sustained growth of the global
brain monitoring market in the foreseeable future.
Key statistics pertaining to the global brain monitoring market:
The International Brain Injury Association states that brain injury is the leading cause of death
and disability worldwide
According to the Centers for Disease and Control (CDC) Injury Prevention Center, traumatic
brain injury led to around 2.8 million emergency department visits, hospitalizations, and deaths
in in the U.S. in 2013
The Alzheimer’s Association estimates that prevalence of Alzheimer’s disease in 2016 was nearly
5.4 million in the U.S. (5.2 million are aged 65 years and above)
Furthermore, CDC estimates that every year, stroke results in over 130,000 deaths in the U.S.
National Institute of Mental Health and Neuro Sciences (2015-16 survey) estimated that mental
morbidity of population above 18 years of age was 10.6% in India (higher in urban metros)
Presence of this high target population would contribute towards growth of global brain
monitoring market, further supported by favorable government incentives and regulations.
Report includes chapters which deeply display the following deliverable about industry :
• Brain Monitoring Market Research Objective and Assumption
• Brain Monitoring Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Brain Monitoring Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Brain Monitoring Market, By Regions
• Brain Monitoring Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Brain Monitoring Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Brain Monitoring Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Brain Monitoring Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Brain monitoring market taxonomy
The global brain monitoring market is analyzed on the basis of product type, end user, and
application. The different product types of brain monitoring are:
Devices
Electroencephalography (EEG) Devices
Electromyography (EMG) Devices
Magnetoencephalography (MEG) Devices
Sleep Monitoring Devices
Cerebral Oximeters
Transcranial Doppler (TCD) Devices
Intracranial Pressure (ICP) Monitors
Magnetic Resonance Imaging (MRI) Devices
Computerized Tomography (CT) Devices
Positron Emission Tomography (PET) Devices
Accessories
The global brain monitoring market is also segmented on the basis of application into epilepsy,
dementia, Huntington's disease, Parkinson’s disease, stroke, traumatic brain injuries, headache
disorders, sleep disorders, and others. Hospitals, neurological centers, diagnostic centers,
ambulatory surgical centers, and others is the segmentation of the global market of brain
monitoring on the basis of end user. Hospitals are the major end users, as they have a
considerably high patient flow, high investment capacity, and wide availability of healthcare
resources to effectively serve the patient’s need.
Demand for non-invasive brain monitoring modalities is high, owing to its better convenience,
safety, and cost-effectiveness as compared to invasive brain monitoring devices. This has further
encouraged manufacturers to increasing investments in non-invasive devices and technologies to
cater to consumer demand. A portable brain injury scanner is a great addition to the brain
monitoring industry. This is expected to further drive growth of the brain monitoring market
during the forecast period (2016–2024).
Plethora of untapped opportunities in emerging economies
The World Health Organization (WHO) has devised a Mental Health Action Plan 2013-2020 with
certain objectives in order to provide comprehensive responsive mental health and social care
services to the global population. Neurological disease burden is especially high in emerging
economies, which has resulted in renewed efforts by government and non-government agencies
to tackle this menace. Market players can gain significant growth in Asia Pacific, Middle East,
Latin America and Africa regions for their brain monitoring modalities and services, provided
they focus on development of low-cost products and strengthen collaborations with healthcare
facilities. Developed world, including North America and Western Europe require more
advanced monitoring devices to be compatible with rapidly changing technology. This entails
research and time for commercialization, until which market players can cash in on sales of
their existing products in emerging global economies. This creates highly lucrative opportunities
for players in the global brain monitoring market and these factors are expected to be prevalent
through the forecast period (2016–2024).
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Some of the major players in the global brain monitoring market are BrainScope Company,
Inc., Neural Analytics, GE Healthcare, InfraSacn, Inc., Elekta A.B., Siemens Healthineers, Philips
Healthcare, Natus Medical, Medtronic, Neurosoft Limited, and Cadwell Laboratories.
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge196   documents Email
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